In exercise of the powers conferred by section 158A of the Gujarat Goods and Services Tax Act, 2017 (Guj.25 of 2017), the Government of Gujarat, on the recommendations of the Goods and Services Tax Council, hereby notifies "Public Tech Platform for Frictionless Credit" as the system with which information may be shared by the common portal based on consent under sub-section (2) of Section 158A of the Gujarat Goods and Services Tax Act, 2017 (Guj.25 of 2017).

Explanation.- For the purpose of this notification, "Public Tech Platform for Frictionless Credit" means an enterprisegrade open architecture information technology platform, conceptualized by the Reserve Bank of India as part of its "Statement on Developmental and Regulatory Policies" dated the 10th August, 2023 and developed by its wholly owned subsidiary, Reserve Bank Innovation Hub, for the operations of a large ecosystem of credit, to ensure access of information from various data sources digitally and where the financial service providers and multiple data service providers converge on the platform using standard and protocol driven architecture, open and shared Application Programming Interface (API) framework.

2. This notification shall deemed to have come into force with effect from the 22nd day of February, 2024.

By order and in the name of the Governor of Gujarat,

HARDIK PRAJAPATI,

Under Secretary to Government.